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Mr.Abrash

10 小時前

Ethereum Technicals: A Battle of Signals The grap

Ethereum Technicals: A Battle of Signals

The graphs are showing a conflict scenario. Presently, the technical analysis of ethereum is bearish. A combined total of 21 indicators are suggesting going downwards, and only 8 are supporting the bulls, a whopping 72% bias towards a pessimistic prediction.

Support is indicated at $3,060.41, $2,921.27, and $2,851.70. Meanwhile, resistance comes in above at $3,269.12, $3,338.69, and $3,477.83. The market will be influenced by these levels.

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The RSI (53.12) indicates a neutral position – neither exhausted nor overbought. ETH is currently positioned above the 50-day SMA, which is a slight bullish signal. Nonetheless, it is also trading below the 200-day SMA, which is interpreted as a sign that the long-term sentiment is still negative towards it.
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